THEORY OF INCOME QUOTAS AS PART OF GENERA L ECONOMIC-THEORY

Central problems of theoretical macroeconomics can be analysed with th e aid of aggregate demand and supply curves. This approach is necessar y if distribution theory is to be seen within a comprehensive framewor k. The present article deals with the incorporation of modern macroeco nomic distribution theories into such a framework. Several models are discussed: neoclassical, Keynesian and bargaining-power in both the pr oduct and labour markets. Finally, we synthesise a neoclassical model embodying the different approaches.